TNW News

The head of the International Monetary Fund warned on Wednesday that advanced AI models like Anthropic’s Mythos “can be used to destroy the financial system” if they fall into the wrong hands. IMF Managing Director Kristalina Georgieva made the comments in Brussels while presenting the Fund’s annual economic assessment of the eurozone. “What we recognize […]

TNW News

The music industry descended on New York this week for Indie Week and a flurry of parallel gatherings. The conversations kept circling back to the same handful of anxieties: generative AI, streaming fraud, underpaid songwriters, and the organisations meant to protect them. Four issues, in particular, dominated the agenda. Each one carries the potential to […]

Gizmodo
As if anyone is supposed to know what a million tokens adds up to.
TNW News

Meta is giving free Meta AI glasses to every blind veteran in America. Mark Zuckerberg announced the programme on Friday, offering a pair of Ray-Ban Meta glasses, at no cost, to all legally blind US veterans. “Meta AI on these glasses can describe what’s around you, read documents, and help you navigate daily life more […]

Gizmodo
The price jumped 17% when the stock opened and Elon Musk's wealth is now in another stratosphere.
TNW News

Mistral is in funding talks to raise about €3bn ($3.5bn) at a valuation of roughly €20bn, Bloomberg reported on Friday, citing people familiar with the discussions. That would nearly double the price investors put on Europe’s leading AI startup just months ago. The talks are early, and the terms could change. The valuation may even […]

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Security researchers have found a way to hijack AI coding agents with nothing but a fake bug report. They call it Agentjacking. It needs no malware, no stolen password, and no breach of the target. The attack, disclosed by Tenet Security, turns the coding agent into the weapon. When a developer asks the agent to […]

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OpenAI acquires Ona, the company once known as Gitpod, in its latest enterprise play. The deal, announced on Thursday, folds Ona’s secure cloud platform into Codex, OpenAI’s coding agent. Terms were not disclosed. Codex is on a tear. OpenAI says more than 5 million people now use it each week, up 400 per cent since […]

TNW News : Business

Nvidia has started pitching its Vera CPU to Chinese customers. Orders can begin now, and deliveries could start as soon as August, Reuters reported on Friday, citing three people familiar with the talks. It is a workaround dressed as a product launch. Nvidia’s China business has collapsed under US export controls. Jensen Huang said in […]

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On 11 June, Pleo told finance teams that AI agents would soon free them from administrative work. The next day came the Pleo layoffs: the Danish spend-management fintech had cut around 50 of its own staff, most of them in engineering and data. The product launch came first. Pleo unveiled a suite of “agentic” AI, […]